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Archived over 2 years ago

$315,000

4 bd ba 2538 sqft

Providence Blvd, Providence Village, TX 76227

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$1

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Clean OFF MARKET 2003 build North DFW

Off Market 2538sqft 4/2.1/2 close to several hot pockets in DFW. This property sits in a lakeside community just north of Dallas Proper close to Frisco, Aubrey, and Little Elm, and faces a community pond.
Per the seller, the roof, HVAC, and foundation are all in great condition. The home does not need much besides a cleanout and some paint/touchups.

Tax value with an exemption is $338k
Comps in the area such as 10385 Cedar Lake Dr, which is the same size sold for $410k in April this year, and 1320 Providence Blvd - an apples-to-apples comp on our same street which sold for $405k, over asking in 3 DOM show the potential resale value of this deal.

Kat Ely
Realtor®️ | Senior Investment Specialist
(972) 890-8481 | [email protected]
License # TX 738777 | Brokerage # 9004495

Location:

Providence Blvd, Providence Village, TX 76227

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.